ETH/USD 1H chart analysisEthereumCRYPTO:ETHUSDHarry_MegatETH/USD 1H chart: Current Structure Market is in a short-term downtrend (lower highs + lower lows). Price is trading below all EMAs (7, 21, 50) → bearish pressure still dominant. The red trendline shows a descending channel / trendline resistance. Key Levels Resistance zone: 2,290 – 2,320 (EMA cluster + trendline area) Support zone: 2,240 – 2,220 Breakdown level: Below 2,200 → opens further downside What Price Is Doing Now Price is consolidating after a drop → small sideways movement. This looks like a pause or potential reversal zone, but not confirmed yet. Scenarios 🔴 Bearish continuation (more likely for now): If price rejects from 2,290–2,300 area Then continuation toward 2,220 → 2,150 Trend remains bearish unless structure breaks 🟢 Bullish reversal (your green path): If price holds above 2,240 support And breaks above 2,300–2,320 Then upside toward 2,350 → 2,400 Key Signal to Watch Break + close above EMA 50 (2,320 area) = trend shift Rejection below EMAs = sell pressure continues Simple Summary Trend: Bearish Zone: Decision area Bias: Sell on rejection, buy only after breakout